CNPY | 4H Snapshot
Canopy is trading at $0.2056, up +14.27%. Market cap is $13.82M, FDV is $115.27M, liquidity is $1.39M, and holders are only 5,364. That FDV gap matters. A lot of supply is still outside the circulating float.
The 4H opened with a wide candle from 0.1116 to 0.3107, then settled into a range. Price is now holding just above EMA7 at 0.1983. EMA25 and EMA99 are not printed yet, so this tape is still young. RSI(6) at 51.9 is the cleanest part of the chart momentum cooled back to neutral after the spike.
This is not a chase setup. The high at 0.3107 is resistance. The first real support is 0.198, then the 0.145–0.111 demand zone. Structure stays constructive while price holds EMA7. Lose it and the range low comes back into play.
The Resistance 0.233 / 0.311. Support 0.198 / 0.145 / 0.112. Bias is neutral-bullish above EMA7.
DYOR. Thin holders, wide FDV. Size small.
$CNPY
Canopy is trading at $0.2056, up +14.27%. Market cap is $13.82M, FDV is $115.27M, liquidity is $1.39M, and holders are only 5,364. That FDV gap matters. A lot of supply is still outside the circulating float.
The 4H opened with a wide candle from 0.1116 to 0.3107, then settled into a range. Price is now holding just above EMA7 at 0.1983. EMA25 and EMA99 are not printed yet, so this tape is still young. RSI(6) at 51.9 is the cleanest part of the chart momentum cooled back to neutral after the spike.
This is not a chase setup. The high at 0.3107 is resistance. The first real support is 0.198, then the 0.145–0.111 demand zone. Structure stays constructive while price holds EMA7. Lose it and the range low comes back into play.
The Resistance 0.233 / 0.311. Support 0.198 / 0.145 / 0.112. Bias is neutral-bullish above EMA7.
DYOR. Thin holders, wide FDV. Size small.
$CNPY
